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Sold for $505,000
  • $505,000

    321 Allison Drive, Palm Bay, FL 32908

    5beds
    2,763sqft
    Single Family Residence
    Built in 2004
    0.52 Acres Lot
    $484,900 Zestimate®
    $183/sqft
    $3,540 Estimated rent

    Home value

    $484,900

    $461,000 - $509,000

    $3,540/mo

    Zestimate® history
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    What's special

    Modern finishesUpdated toiletsGranite countertopsBeautifully renovated spa-inspired bathroomDual-zone climate controlPrivate backyard oasisExterior paint
    Malabar Lakes West .52-Acre Pool Home with Space to Gather, Room to Grow, Freedom to Live. Some homes simply check boxes. This one creates a lifestyle. Situated on a fully fenced .52-acre homesite in desirable Malabar Lakes West, this spacious 5-bedroom, 3-bath pool home blends comfort, flexibility, and outdoor living into one exceptional property. Whether you're hosting holidays, accommodating extended family, working from home, or simply craving more space and privacy, this home was designed to adapt to the way you live. Inside, you'll find multiple living and dining areas, soaring ceilings, crown molding, ceiling fans throughout, and fresh professional interior paint in Sherwin-Williams Marshmallow. A sought after first-floor bedroom and full bath creates the perfect setup for guests, in-laws, a home office, or multi-generational living. The kitchen serves as the heart of the home, offering granite countertops, freshly painted cabinetry, pantry storage, a breakfast nook, and an oversized peninsula with seating for four. Recent upgrades include a brand-new stainless-steel refrigerator, dishwasher, garbage disposal, and workstation sink featuring a waterfall vegetable faucet, integrated pressurized cup washer, and durable easy to maintain design making meal prep and entertaining a pleasure. Upstairs, retreat to the oversized primary suite featuring a walk-in closet and a beautifully renovated spa-inspired bathroom. The custom walk-in tiled shower includes a rainfall shower head, dual body spray wands, built-in bench seating, modern finishes, and a Bluetooth-enabled exhaust fan that brings a luxury hotel feel to your daily routine. Step outside and discover where this property truly shines. The screened pool with waterfall feature creates a private backyard oasis, while the expansive fenced yard offers room for pets, play, gardening, entertaining, and future possibilities. Gather around the custom fire pit area, enjoy the mature landscaping, or simply relax knowing you have space that is increasingly difficult to find. A gated side parking area provides room to bring your boat, RV, trailer, recreational vehicles, and all your toys without HOA parking restrictions. Home additionally features a brand-new 2025 roof, 2025 fencing, 2024 gutters, 2024 pool pump, fresh landscaping and mulch, exterior pressure washing, new staircase carpeting, new laminate flooring throughout the upstairs bedrooms, loft and guest bath, updated toilets, new refrigerator water line, new garage door opener, second-floor impact windows with tint, remote blinds, exterior paint, and a newer water heater. Comfort is enhanced with dual-zone climate control, featuring a brand-new downstairs HVAC system and an upstairs system that has been recently serviced and maintained. With low HOA dues of only $450 per year, an oversized homesite, extensive updates, a resort-style backyard, and room for every stage of life, this Malabar Lakes West residence offers something increasingly rare in today's market: the freedom to spread out, entertain, store your toys, and truly enjoy the Florida lifestyle. This isn't just a house it's the place where your next chapter begins.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dahlia M Gotzmann 772-643-7989,

    Atlantic Key Realty Group

    Bought with:

    NON-MLS MEMBER

    MAR NON MLS MEMBER

    Source: BeachesMLS,MLS#: B26034150MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 4
    Primary bedroom
    • Level: Second
    • Area: 238
    • Dimensions: 14 X 17
    Bedroom 2
    • Level: Main
    • Area: 140
    • Dimensions: 10 X 14
    Bedroom 3
    • Level: Second
    • Area: 110
    • Dimensions: 10 X 11
    Bedroom 4
    • Level: Second
    • Area: 143
    • Dimensions: 13 X 11
    Bedroom 5
    • Level: Second
    • Area: 110
    • Dimensions: 11 X 10
    Dining room
    • Level: Main
    • Area: 117
    • Dimensions: 13 X 9
    Kitchen
    • Level: Main
    • Area: 110
    • Dimensions: 10 X 11
    Laundry
    • Level: Second
    • Area: 30
    • Dimensions: 5 X 6
    Living room
    • Level: Main
    • Area: 272
    • Dimensions: 17 X 16
    Loft
    • Level: Second
    • Area: 240
    • Dimensions: 20 X 12
    Other
    • Description: Breakfast Nook
    • Level: Main
    • Area: 110
    • Dimensions: 11 X 10
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s), Electric
    Appliances
    • Included: Dryer, Dishwasher, ENERGY STAR Qualified Refrigerator, Electric Range, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Water Heater, Washer
    • Laundry: Washer Hookup, Inside, Laundry Room, In Unit, Upper Level
    Features
    • Bedroom on Main Level, Cathedral Ceiling(s), Dual Sinks, Eat-in Kitchen, High Ceilings, Kitchen Island, Living/Dining Room, Pantry, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Laminate, Tile, Wood
    • Windows: Blinds, Sliding
    • Has fireplace: No
    Interior area
    • Total structure area: 3,652
    • Total interior livable area: 2,763 sqft

    Property

    Parking
    • Total spaces: 8
    • Parking features: Attached, Boat, Driveway, Garage, Garage Door Opener, Gravel, RV Access/Parking
    • Attached garage spaces: 2
    • Uncovered spaces: 6
    Accessibility
    • Accessibility features: None
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Glass Enclosed, Patio, Porch, Screened
    • Exterior features: Lighting, Outdoor Living Area, Porch
    • Has private pool: Yes
    • Pool features: Automatic Chlorination, Concrete, In Ground, Private, Screen Enclosure, Waterfall
    • Fencing: Back Yard,Fenced,Gate
    • Has view: Yes
    • View description: Other, Pool
    • Waterfront features: None
    Lot
    • Size: 0.52 Acres
    • Dimensions: 64 x 200
    • Features: Landscaped, Sprinkler System
    Details
    • Additional structures: None
    • Parcel number: 29360401
    • Zoning: 0110 - SINGLE
    • Special conditions: Standard,Listed As-Is
    • Other equipment: Irrigation Equipment, Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Contemporary
    • Property subtype: Single Family Residence
    Materials
    • Frame, Stone, Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Resale,Updated/Remodeled
    • New construction: No
    • Year built: 2004

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Phone Connected, Water Connected
    Green energy
    • Energy efficient items: Appliances

    Community & HOA

    Community
    • Features: Home Owners Association, Street Lights
    • Security: Smoke Detector(s)
    • Subdivision: MALABAR LAKES WEST SUBDIVISION PHASE 1A
    HOA
    • Has HOA: Yes
    • Amenities included: Maintenance
    • Services included: Common Areas
    • HOA fee: $450 annually
    • HOA name: Malabar Lakes West
    • HOA phone: 321-989-7471
    Location
    • Region: Palm Bay

    Financial & listing details

    • Price per square foot: $183/sqft
    • Tax assessed value: $335,010
    • Annual tax amount: $1,013
    • Date on market: 5/29/2026
    • Cumulative days on market: 13 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Electric utility on property: Yes
    • Road surface type: Paved

    Price history

    DateEventPrice
    7/10/2026Sold$505,000+2.4%$183/sqft
    Source: BeachesMLS #B26034150 Report a problem
    6/12/2026Pending sale$493,000$178/sqft
    Source: Space Coast AOR #1078535 Report a problem
    6/8/2026Price change$493,000-1.2%$178/sqft
    Source: Space Coast AOR #1078535 Report a problem
    5/29/2026Listed for sale$499,000$181/sqft
    Source: BeachesMLS #B26034150 Report a problem
    5/8/2026Listing removed$499,000$181/sqft
    Source: eXp Realty #1070485 Report a problem
    4/16/2026Price change$499,000-9.3%$181/sqft
    Source: Space Coast AOR #1070485 Report a problem
    4/8/2026Price change$549,900-4.3%$199/sqft
    Source: Space Coast AOR #1070485 Report a problem
    3/25/2026Price change$574,900-4.2%$208/sqft
    Source: Space Coast AOR #1070485 Report a problem
    3/6/2026Price change$599,900-4%$217/sqft
    Source: Space Coast AOR #1070485 Report a problem
    2/27/2026Listed for sale$625,000-6.6%$226/sqft
    Source: Space Coast AOR #1070485 Report a problem
    11/11/2025Listing removed$669,000$242/sqft
    Source: Space Coast AOR #1060100 Report a problem
    10/21/2025Listed for sale$669,000+95.3%$242/sqft
    Source: Space Coast AOR #1060100 Report a problem
    9/19/2019Sold$342,500-4.9%$124/sqft
    Source: Space Coast AOR #843278 Report a problem
    8/13/2019Pending sale$360,000$130/sqft
    Source: Bristol Coastal Prop. LLC #843278 Report a problem
    7/24/2019Price change$360,000-3.2%$130/sqft
    Source: Bristol Coastal Prop. LLC #843278 Report a problem
    4/24/2019Listed for sale$372,000+400.7%$135/sqft
    Source: EXP Realty, LLC #219753 Report a problem
    12/14/2016Sold$74,300-58.4%$27/sqft
    Source: Public Record Report a problem
    2/6/2004Sold$178,600$65/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,014 +22.9%$335,010 +2.9%
    2024$825 +3%$325,570 +3%
    2023$801 +3.1%$316,090 +3%
    2022$777 -80.8%$306,890 +3%
    2021$4,046 +1.8%$297,960 +1.4%
    2020$3,974 +38.4%$293,850 +43.2%
    2019$2,871 $205,160 +1.9%
    2018$2,871 -0.1%$201,340 +2.1%
    2017$2,875 -0.7%$197,200 +2.8%
    2016$2,895 -0.9%$191,760 +28.7%
    2015$2,921 +24.8%$148,990 +0.8%
    2014$2,341 $147,810 -17.1%
    2013-- $178,200 +24.4%
    2012$1,854 -1.4%$143,200 -0.9%
    2011$1,880 -16.7%$144,560 -18.2%
    2010$2,256 -16.1%$176,630 -17%
    2009$2,690 -2.1%$212,840 -16.2%
    2008$2,748 -2.5%$254,000 -6.3%
    2007$2,820 -8.7%$271,000 +22.3%
    2005$3,088 +1157.1%$221,670 +1605.2%
    2004$246 -4.3%$13,000
    2003$257 +0%$13,000
    2002$256 +0.5%$13,000
    2001$255 +3.7%$13,000
    2000$246 $13,000
    Find assessor info on the county website

    Neighborhood: 32908

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Jupiter

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $484,900
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $484,900